$965,500
SOLD SEP 7, 2012

846 Island Ct San Diego, CA 92109

Mission Beach Neighborhood
5 Beds
3 Baths
1,920 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$503 Per Sq Ft

1% Below List Price

6 Days on Market

Highlights

  • Gated Home
  • Pacific Beach Elementary School Rated A-
  • 3-minute walk to Mission Beach Pocket Park

About This Home

As of September 2012

This property is located close to both the beach and bay! Property includes a duplex in front with 2, 2 bedroom units. Behind the duplex is a building with a 2-car garage and a 1 bedroom unit above the garage. There is a large patio in front of the duplex with partial bay views. Rear unit has a partially covered patio. Community coin laundry room for property. See supplement. Each unit has a separate water heater. Terrific opportunity for a development site. Great opportunity for year-round rental properties and summer weekly rental units.

Last Agent to Sell the Property

Brian Lewis

Compass License #01440201 Listed on: 07/19/2012

Compass

Last Buyer's Agent

Sabine Suessmann

Mission Pacific Realty License #01843652

Property Details

Home Type

  • Multi-Family

Year Built

  • 1948

Lot Details

  • Gated Home
  • Partially Fenced Property

Home Design

  • Composition Roof

Additional Features

  • 2-Story Property
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 423-672-14-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Pet Policy

  • No Pets Allowed

Building Details

  • Net Operating Income $69,200

Property Details

Home Type

Multi-Family

Year Built

1948

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Coastal South
  • Cross Street: Bayside Lane
  • Neighborhood: Mission Beach
  • Supplement: Each unit has a separate water heater. Terrific opportunity for a development site. Great opportunity for year-round rental properties and summer weekly rental units.
  • Stories: 2 Story
  • Sale Price List Price: 0.99
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1948

Exterior Features

  • Fencing: Gate, Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Pets Allowed: No Pets Allowed
  • Community: PACIFIC BEACH

Lot Info

  • Lot Size: 1-3,999 SF
  • Zoning: 4
  • Assessor Parcel Number: 423-672-14-00
  • Land Use Code: 4

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 69200
  • Annual Expense Actual: 7900
  • Gross Rent Multiplier Actual: 12.34
  • Gross Sched Income Actual: 77000
  • Number Of Buildings: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 3

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2017 12/13/17 Rented $2,795 -3.5% --
09/07/2017 09/07/17 For Rent $2,895 0.0% --
09/07/2012 09/07/12 Sold $965,500 -1.0% $503 / Sq Ft
07/22/2012 07/22/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $975,000 -- $508 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Logan Wheeler

    Wheeler Real Estate

    Section Image
  • Brian Lewis

    Seller's Agent in 2012

    Brian Lewis

    Compass

    (619) 300-5032

    5 in this area

    67 Total Sales

    Brian Lewis
    Section Image

  • S

    Buyer's Agent in 2012

    Sabine Suessmann

    Mission Pacific Realty

See All Agents

Map

Source: San Diego MLS

MLS Number: 120036737

San Diego MLS

APN: 423-672-14-00

California San Diego County San Diego 92109 Mission Beach

846 Island Ct, San Diego, CA

This home is located at 846 Island Ct, San Diego, CA 92109 and is currently priced at $965,500, approximately $502 per square foot. This property was built in 1948. 846 Island Ct is a home located in San Diego County with nearby schools including Pacific Beach Elementary School, Pacific Beach Middle, and Mission Bay High School.

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